New Issue: UBS prices $7.01 million return optimization securities linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Oct. 1 – UBS AG, London Branch priced $7.01 million of 0% return optimization securities due Oct. 31, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial index level, the payout at maturity will be par of $10 plus three times the index return, capped at 16.7%. Investors will share in any losses.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying index:	Russell 2000
Amount:	$7,005,950
Maturity:	Oct. 31, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus three times any gain in index, capped at 16.7%; otherwise, exposure to any losses
Initial index level:	1,122.789
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90275G137

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.